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Listed price in listed location currency (USD).
$425,000

444

MLS® 1413307

Overview

Key Facts

Type Multi Family
Levels Residential Income
Size 1624 sqft
Garage 
Taxes $5,605
Days Active 0
Lot Size 
Approx. Age 1890
Avg. Price Per Sqft $261
MLS® Number 1413307

Property Address: 89 Adelaide Ave, Warwick, RI, 02886-0883

Average square foot calculated using Size range provided by listing agent.

Description

Exceptional investment and redevelopment opportunity in a prime Warwick location west of Route 2. Situated on an oversized approximately 20, 000 SF lot in A-7 zoning, this legal 4 unit property currently consists of four 1-bedroom units with strong upside potential. Two units are in very good condition. One unit has been fully gutted and requires complete renovation (sold as-is), offering investors/developers the opportunity to add immediate value through improvements. The oversized lot and zoning create multiple possibilities for future optimization, including the potential lot separation, additional building(s), new single-family and/or multifamily development opportunities (subject to city approvals). Conveniently located near shopping, dining, highways, TF Green Airport, and major amenities, this property combines strong location fundamentals with long-term development potential. Rare opportunity for investors, builders, or owner-operators seeking immediate value and future expansion possibilities in one of Warwick's most accessible neighborhoods. Three of the units are occupied, please provide notice when requesting a showing. All units have Lead Certs.
MLS® Number1413307
Laundry Level
Central VacNo
FireplaceYes
Acreage
Exterior
Garage
Approx. Age1890
BasementFull, Unfinished
DrivewayNo Garage
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

May 22, 2026List Date
$425,000List Price

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